Cryptocurrency’s second act: the rise of Ethereum and what’s in store for 2017
Back in 2009, Bitcoin became the first decentralized cryptocurrency. The prevailing thinking then was that the cryptocurrency market was going to be a winner-takes-all race due to the strong network effects around mining. And, most thought that Bitcoin would emerge as the winner in this race. What happened? Bitcoin, and the underlying blockchain technology, never […]
A recap of Q4: Great momentum for 2017
Welcome back! We hope everyone had a restful holiday! While we’re ready to look ahead and embrace 2017, here’s a quick recap of the major activity across our portfolio last quarter. We’re looking forward to continuing this momentum into the new year. Portfolio companies in the news In continuing to be the consumer’s financial advocate, Trim […]
A Year in Review: 2016
This has been an important year for us as a firm, as well as the market in general. We couldn’t begin any recap of 2016 without focusing on the bubble we hear so much about. The industry entered the year bracing for an apocalypse. Every announcement – whether it was a funding round, exit or […]
Announcing our second eBook: Understanding Social Platforms
If you have been following our blog or firm, you know how much we love network effects. Our investment thesis is centered around network effects, and our portfolio is full of network effects startups ranging from marketplaces to social platforms, SaaS and applications of AI and machine learning. It has been a little over a […]
How Indiegogo Grew its Business
This is the fourth and final post covering speakers’ insights from our marketplace meetup held in San Francisco on October 20. If you haven’t already, check out previous posts detailing Andrew Chen’s (Uber) fireside chat on growth strategies, Anthony Marino’s (ThredUp) talk on managed marketplaces, and B2B marketplace dynamics from Shippo’s Mikhail Ledvich. The first […]